221-231 Calhoun St, Woodstock, IL 60098
This well-maintained Woodstock, IL storefront at 221-223 E. Calhoun St presents a compelling investment opportunity. The 1-story, 1991-built property boasts a substantial 98-acre lot and is zoned Commercial B3, offering significant flexibility. Currently generating a gross annual income of $60,360, the property features multiple tenants, with one 4,029 sq ft vacant space available for lease, presenting potential for increased revenue. The asking price is $450,000, translating to $51.40 per square foot. Conveniently located just two blocks from Woodstock's historic square and near the Metra train station, the property benefits from ample parking, including both private and public options. The property's APN is 1305384006. This property is ideal for owner-occupants seeking to expand their business or investors looking for a strong return on investment in a desirable location. The building's excellent condition and prime location make it an attractive prospect for a variety of retail uses. The large lot size offers additional development potential. This is a rare opportunity to acquire a multi-tenant retail property in a thriving Illinois community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.